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Mar 13, 2013
03/13
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FBC
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that says a lot about their economy. that is aa important story. >>> oil futures rose for the fourth straight session. optimism over higher global demand helped push crude up about half a percent, ending at 92.54 a barrel. >>> coming up on "money", a securities scandal hits hill know as the sec slaps the state with fraud charges that it misled investors about the dire state of its finances but are nor states pulling off the same dirty tricks? a top expert joins us to explain. >>> some solid news for small businesses as a new report shows strengthening optimism. two business owners will give us the real outlook from where they stand. do you ever have too much money or too much ammo? ♪ . melissa:ow to the scandal rocking state public pension funds. the securities & exchange commission charged illinois with securities fraud. it is the only the second time in history that federal regulators have accused a state of such a thing. the sec says illinois misled muni bond investors for years about the state's public pension disc
that says a lot about their economy. that is aa important story. >>> oil futures rose for the fourth straight session. optimism over higher global demand helped push crude up about half a percent, ending at 92.54 a barrel. >>> coming up on "money", a securities scandal hits hill know as the sec slaps the state with fraud charges that it misled investors about the dire state of its finances but are nor states pulling off the same dirty tricks? a top expert joins us to...
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Mar 13, 2013
03/13
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FBC
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rowe price, we understand the connections of a complex, gloal economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. it's delicious. so now we've turned her toffee into a business. my goal was to take an idea and make it happen. i'm janet long and i formed my toffee company through galzoom. never really thought i would make money doing what i love. [ robert ] we created legalzoom to help people start their business and launch their dres. go to legalzoom.com today and make your business dream a reality. at legalzoom.com we put the law on your se. and make your business dream a reality. today is gonna be an important day for us. you ready? we wanna be our brother's keeper. what's number two we wanna do? bring it up to 9decatherms. how bout ya, joe? let's go ahead and bring it online. attention on site, attention on site. now starting un
rowe price, we understand the connections of a complex, gloal economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. it's delicious. so now we've turned her toffee into a business. my goal was to take an idea and make it happen. i'm janet long and i formed my toffee company...
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Mar 21, 2013
03/13
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FBC
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we'll keep a close eye on all the developments and the president's trip and whether this economy is going to go up. tomorrow, a look at numbers you don't really quite see all the time that might beg that issue.y ♪ here's gerri willis. >> good evening, everybody. tonight, a cyberattack paralyzes banks an media companies in south korea. who is behind it? could it happen here? also, putting the brakes on high frequency traders. are they breaking the law and stealing your money? a new policy from one of the country's biggest companies. tell us your weight and body fat or face a fine. "the willis reprt" is on the case. >> all that and more, but first, a top story, a warning for you and your money, a big cybersecurity threat could be headed our way, at least two major banks and three television networks in south korea reporting their computer networks crashed. officials there speculate it was all at the hands of sib terrorists from north korea. many bank customers were unable to use debit or credit cards. imagine that, atms shut down for hours. the invesgation ongoing at this time, but a big
we'll keep a close eye on all the developments and the president's trip and whether this economy is going to go up. tomorrow, a look at numbers you don't really quite see all the time that might beg that issue.y ♪ here's gerri willis. >> good evening, everybody. tonight, a cyberattack paralyzes banks an media companies in south korea. who is behind it? could it happen here? also, putting the brakes on high frequency traders. are they breaking the law and stealing your money? a new...
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Mar 14, 2013
03/13
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FOXNEWSW
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we we believe we need to grow the economy. and miss policies, grow the government at the expense of growing the economy. >> you know what i think is also peculiar about the budget path to prosperity the republicans budget and the senate came out foundation for growth restoring the promise of american opportunity. what's wrong with just saying the senate budget and the house budget. you guys jazz up these names, sort of like you package the branded and i think the american people, they just want a budget. >> just give me a budget. well, it's pretty straight forward and most americans deal with that and i think that most americans also realize that they could live on what the house budget has proposed, 3.4% increase in spending over the next ten years, but it's 4 1/2 trillion dollars less in spending than what the senate democrats are putting forward and the senate democrat budget 1.5 trillion dollars tax increase on top of the 1.7 tri increase we've already seen out of the administration. >> they're going to through closing loo
we we believe we need to grow the economy. and miss policies, grow the government at the expense of growing the economy. >> you know what i think is also peculiar about the budget path to prosperity the republicans budget and the senate came out foundation for growth restoring the promise of american opportunity. what's wrong with just saying the senate budget and the house budget. you guys jazz up these names, sort of like you package the branded and i think the american people, they...
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Mar 16, 2013
03/13
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FBC
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it's worth about a bilon dollars overall to the economy, just in southern california. well we are on the subject of sex in addition to the so-called vice taxes, some states are actually putting -- imposing taxes. in illinois requiring the strip club operators to impose a $3 charge for their customers. the tax is expected to raise a million dollars annually. texas has also got eight vice tax. it is a little different. a little bigger deal in texas. $5. they are getting just about ten times as much revenue as a state of illinois. nevada, the only state in the country to allow any form of prostitution to illegally. it does not collect the tax. but if it did it will reportedly earn nearly $150 million for the state in nevada. regardless of whether not you think the taxes are good or bad public policy, there is no denying that device is generating an enormous amount of what government seems to like most, revenue. the nra proposal to keep our kids safe in school is still the best solution. the "a-team" on where are the other leaders. the billionaire mayor wants to ban gu
it's worth about a bilon dollars overall to the economy, just in southern california. well we are on the subject of sex in addition to the so-called vice taxes, some states are actually putting -- imposing taxes. in illinois requiring the strip club operators to impose a $3 charge for their customers. the tax is expected to raise a million dollars annually. texas has also got eight vice tax. it is a little different. a little bigger deal in texas. $5. they are getting just about ten times as...
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Mar 18, 2013
03/13
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FBC
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rowe price, we understand the connections of a complex, global economy. 's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. gerri: if you are looking for a free checking account these days, chances are, you are probably not going to find it at your local bank, percentage of offering free, no strings attached has dropped, down 26%, will the trend continue, should you consider a credit union instead. mcbride is joining me now with details, you have a lot of great numbers here. so you do the mag, it looks like credit unions offer the better deal. >> they used to run neck-and-neck, but banks, and the availability of free chec checking has dropped. and credit union its has dropped just a hair, more than 70% of largest credit unions still offer a stand alone free checking. gerri: you can get around the bank fees if you have a big enough balance. >>
rowe price, we understand the connections of a complex, global economy. 's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. gerri: if you are looking for a free checking account these days, chances are, you are probably not going to find it at your local bank, percentage of offering...
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Mar 20, 2013
03/13
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FBC
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. ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, finite possibilities. >>> from our fox business studios in new york, here, again, is gerri willis. gerri: well, another record day for your 401(k). the dow hitting another all time high up 56 points, and the s&p and nasdaq ending the day in green territory. good news, but we have bad news. head's up investors, high frequency trade firms could put you and trades at a big disadvantage. it's a wash trade. when traders acted legally as the buyer and seller for the same transaction driving volumes and distorting prices. the cftc on the case. we have details of the investigation and what it means to you. bart, great to have you on the show. thanks so much for coming on. explain the wash trades. what are they? why are they eel lisle? >> well, you explained it well, gerri. it's actually when you offer to buy and you sell at the same time. you just cancel each other out. you are not taking risks in the markets, and it creates a false volume, and there's all sorts of fancy terms for w
. ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, finite possibilities. >>> from our fox business studios in new york, here, again, is gerri willis. gerri: well, another record day for your 401(k). the dow hitting another all time high up 56 points, and the s&p and nasdaq ending the day in green territory. good news, but we have bad news. head's up investors, high frequency trade firms could put you and trades at a big...
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Mar 19, 2013
03/13
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CSPAN2
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grow the economy, not grow more government. grow the economy. that is what makes us more competitive, puts more people back to work. that is what puts us on a pact n a path to american prosperity. these things will not be easy. it will require time, and it will demand political will, and it will demand political courage. so let's get moving. the senate majority leader says let's stop wasting tievmen wast. i couldn't agree more. mr. majority leader, allow members to offer their amendments. your members, our members, ones we like, ones we don't like. we are sent here to make the tough choices, to make our "yes" oregoor our "no." so instead of standing here speaking to an empty chamber, members wondering, letting the clock run inso that these amendments can be closed out and never offered you should this bill, we should be debating these. and in doing so, we can get to the point where we will have our final vote and hopefully we will be funding the government going forward. it's called regular business and that ought to be our focus. growing this e
grow the economy, not grow more government. grow the economy. that is what makes us more competitive, puts more people back to work. that is what puts us on a pact n a path to american prosperity. these things will not be easy. it will require time, and it will demand political will, and it will demand political courage. so let's get moving. the senate majority leader says let's stop wasting tievmen wast. i couldn't agree more. mr. majority leader, allow members to offer their amendments. your...
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Mar 14, 2013
03/13
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MSNBCW
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workers when we had this big narrative going on in the campaign about american jobs and building the economy and you heard this. >> you know, i realize that bain was outsourcing business model. i realized, number one, it's wrong on so many levels. what he's talking about is a prison camp in communist china and i realized that the complete lack of empathy, when he talks about the girls stacked three high. for him to come away with a good feeling about it, i thought this guy is dangerous. he wonders through this horrendous place and thought to himself, this is pretty good. then i realized, wait, he doesn't care about those girls, he sure as heck doesn't care about the people in illinois or ohio or the manufacturing jobs, all the companies he closed down to ship this place, you know, ship these jobs to china. he doesn't care about the people, the auto workers in the u.s. this is his m.o. this is what he does. he's a vulture capitalist and doesn't care even on the basic level. >> his research exposed the horrible conditions in the global tech factory. the report called betting against america's
workers when we had this big narrative going on in the campaign about american jobs and building the economy and you heard this. >> you know, i realize that bain was outsourcing business model. i realized, number one, it's wrong on so many levels. what he's talking about is a prison camp in communist china and i realized that the complete lack of empathy, when he talks about the girls stacked three high. for him to come away with a good feeling about it, i thought this guy is dangerous....
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Mar 14, 2013
03/13
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does this had help the economy? nope. it's time to fix this so that the little people are not being harmed the most. . i would like to yield time to my colleague from minneapolis, the co-chair of the progressive caucus and one of the authors of our plan, representative keith ellison. mr. ellison: let me thank you, congressman pocan. one of the great things of this 113th congress you and a number of other awesome new members have joined us to lend your creativity and expertise for advocating for the american people, american man and woman. you hail from the great state of wisconsin where collective bargaining began? mr. pocan: absolutely. we are very proud to be not only the creator of collective bahraining and unemployment compensation. mr. ellison: reclaiming the and, you come from a state, we love tammy baldin and when she told us she was running for the senate, we didn't know how anyone could fulfill her tremendous legacy, but you walked into this building and you have stepped up right away. i want to say thank you for
does this had help the economy? nope. it's time to fix this so that the little people are not being harmed the most. . i would like to yield time to my colleague from minneapolis, the co-chair of the progressive caucus and one of the authors of our plan, representative keith ellison. mr. ellison: let me thank you, congressman pocan. one of the great things of this 113th congress you and a number of other awesome new members have joined us to lend your creativity and expertise for advocating for...
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Mar 13, 2013
03/13
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CSPAN
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and did helps the overall economy. 2/3 of our economy is consumer spending. so you live in michigan, i don't know if you said you lived near the car industry or anything, but what ford understood is he couldn't become wealthy as a car industrialist unless his employees could buy a car. if you don't pay people the minimum wage, you don't give people -- if you don't share in the wealth, then the economy won't grow. you talked about waste, fraud, and abuse, and i do agree with you on that, there are lots of ways we could cut waste, fraud, and abuse. of course the sequester is no way to do it. just taking a hatchet to the budget and cutting out without really looking at ways that we really could trim the budget and eliminate duplicative programs. thank you for your question. host: the president meets with you on thursday. what do you expect from the meetings? what do you think about the way he's been meeting with other republicans and parties when it comes to budget and spending issues? guest: i think the president can't win for losing. when he doesn't meet with
and did helps the overall economy. 2/3 of our economy is consumer spending. so you live in michigan, i don't know if you said you lived near the car industry or anything, but what ford understood is he couldn't become wealthy as a car industrialist unless his employees could buy a car. if you don't pay people the minimum wage, you don't give people -- if you don't share in the wealth, then the economy won't grow. you talked about waste, fraud, and abuse, and i do agree with you on that, there...
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Mar 18, 2013
03/13
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KGO
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. >> traders are poised for more gains as the economy gains steam. can this party last? it's monday, march 18th. >> announcer: from abc news, this is "world news now" with john muller and diana perez. >> hey, wow. >> who? >> they said our names. >> let's hear that again. >> cue that up again. ♪ >> "world news now." >> announcer: from abc news, this is "world news now" with john muller and diana perez. >> sounds nice, right. >> that's you. >> let's do it. >> that's you, me, us. welcoming a familiar face to our anchor desk. here this morning. of course, a face that you recognize. john muller, congratulations. welcome to the team. >> a thrill to be here. i have filled in dozens of times. hopefully a few of you know me. out there. like i said all morning long, i have always been a fan of the show. i always really watched it because i used to do another show cross town locally. i would look up from the makeup chair and be like those poor guys are already up and doing it. what i am about to do. i thought i was the only one up at the hour. i'm a night owl. and i have always l
. >> traders are poised for more gains as the economy gains steam. can this party last? it's monday, march 18th. >> announcer: from abc news, this is "world news now" with john muller and diana perez. >> hey, wow. >> who? >> they said our names. >> let's hear that again. >> cue that up again. ♪ >> "world news now." >> announcer: from abc news, this is "world news now" with john muller and diana perez. >>...
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Mar 13, 2013
03/13
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CSPAN2
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growing the economy, not the government. and the house republican budget reflects just those priorities. it's a budget that does something else too. it actually balances. it actually balances. that's important for a number of reasons, not the least of which it would help unleash economic growth and bring down our country's massive, massive debt load. interest payments on the national debt alone are set to exceed everything we spend on defense. interest on the national debt is going to exceed everything we spend on defense in just a few years time. so the path we're on is clearly not sustainable. with that in mind i hope democrats will offer some, something serious today rather than what i hear may be the case. i hope they face up to the fact that they already got the revenue they're going to get. they already got the revenue they're going to get. so they can startle doing with the real issues that are leading us to fiscal ruin. i hope they will finally stop trying to shield the washington establishment from every attempt to
growing the economy, not the government. and the house republican budget reflects just those priorities. it's a budget that does something else too. it actually balances. it actually balances. that's important for a number of reasons, not the least of which it would help unleash economic growth and bring down our country's massive, massive debt load. interest payments on the national debt alone are set to exceed everything we spend on defense. interest on the national debt is going to exceed...
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Mar 15, 2013
03/13
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CSPAN
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there seems to be a division between state of the economy, stock markets, and the rest of the economy. host: jacob is creating a lot of interest. let me go back to "the wall street journal," quoting ron johnson -- indicating -- guest: it has been this big divisive issue, democrats want to raise taxes. republicans want them to dick republicans say they just want to freeze taxes for spending. can the democrats did some taxes as part of the deal that the white house accepts? we look at what the senate democrats are putting forth and the house republicans. we welcome carl from jacksonville, texas on the republican line. caller: thank you for taking my call. the thing that bothers me about our government is the lack of transparency. we hear so much about how we are when the cut out all of the loopholes but nothing is ever mentioned. i cannot know if they think we are too stupid to understand what those loopholes would be and what they would mean. it's just really frustrates me. cuts, i thinket it should start with the politicians and let them live in government housing like they expect eve
there seems to be a division between state of the economy, stock markets, and the rest of the economy. host: jacob is creating a lot of interest. let me go back to "the wall street journal," quoting ron johnson -- indicating -- guest: it has been this big divisive issue, democrats want to raise taxes. republicans want them to dick republicans say they just want to freeze taxes for spending. can the democrats did some taxes as part of the deal that the white house accepts? we look at...
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Mar 20, 2013
03/13
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CSPAN2
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they are just so tired, tired of the obama economy. they are tired of the endless pivots to jobs that never result in the kind of sustained job creation we need. they are tired of the sluggish growth, of always looking to the future with anxiety, worrying whether medicare will even be there when they retire, and they are tired of the ideological d.c. democratic extremism that got us here. knee jerk solutions to almost every single problem -- massive overspending, steadfast opposition to reforms that would make government programs more efficient, effective and sustainable. so my friends across the aisle shouldn't be surprised their budget is getting such a rough ride. it contains up to $1.5 trillion in new taxes. this would be the largest tax hike in american history. it contains half a criminal more in spending, money that could be siphoned -- that will be siphoned out of the economy and into the hands of politicians and bureaucrats. it lacks meaningful reforms to save and strengthen medicare, allowing it to go bankrupt in just a few y
they are just so tired, tired of the obama economy. they are tired of the endless pivots to jobs that never result in the kind of sustained job creation we need. they are tired of the sluggish growth, of always looking to the future with anxiety, worrying whether medicare will even be there when they retire, and they are tired of the ideological d.c. democratic extremism that got us here. knee jerk solutions to almost every single problem -- massive overspending, steadfast opposition to reforms...
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Mar 15, 2013
03/13
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KGO
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an illinois tooth fairy poll spokesman says it's good news for the economy, a good indicator that the news is going well, but the news is still bad for anyone whose job title is illinois tooth fairy poll spokesman. i did some research today. i think i finally figured out what the tooth fairy looks like. [ laughter ] the tooth fairy bears a striking resemblance to gary busey. the actor. in spartanburg, south carolina this week, authorities are on the lookout for the individual or individuals who broke into the carrying, moving and storage company and stole $19,000 worth of girl scout cookies. they got away with short bread cookies and thin mints. i bet they're halfway to mexico by now. the problem with the mints is they're so thin, they're very easy to steal. authorities don't have any suspects, but i think -- i do find it interesting that honey boo boo all of a sudden is selling girl scout cookies on her facebook page. look at that, she's all dressed up. kind of used to seeing her with cheese doodles all over her. i forgot she was a beauty queen. honey boo boo is not a girl scout, but
an illinois tooth fairy poll spokesman says it's good news for the economy, a good indicator that the news is going well, but the news is still bad for anyone whose job title is illinois tooth fairy poll spokesman. i did some research today. i think i finally figured out what the tooth fairy looks like. [ laughter ] the tooth fairy bears a striking resemblance to gary busey. the actor. in spartanburg, south carolina this week, authorities are on the lookout for the individual or individuals who...
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Mar 20, 2013
03/13
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CNBC
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and global economy. they are doing it, we are seeing them succeed in a lot of different ways. the productivity story is good. that is where elevating standard of living comes from. that is -- we are looking at more confidence going forward now. >> and the dycotomi has been that the smaller businesses have not been able to do that. >> we have to stop picking on them. >> mike and tony will stay with us. situation in cyprus is as dicey as ever. question, will russia come to the rescue? will the banks there ever reopen? and will it stay in the eu? we've reports from moscow and cyprus, coming up next, please stay with us. >> situation in cyprus getting worse today, banks will not open until next week at the he earliest. good evening michelle. >> larry, another day, another attempt to try to come up with a rescue plan for cyprus, today cyprus suggested that they would try to raid a pension fund, and promise to pay the workers down the road. but that idea was not liked. additionally they are trying get money fr
and global economy. they are doing it, we are seeing them succeed in a lot of different ways. the productivity story is good. that is where elevating standard of living comes from. that is -- we are looking at more confidence going forward now. >> and the dycotomi has been that the smaller businesses have not been able to do that. >> we have to stop picking on them. >> mike and tony will stay with us. situation in cyprus is as dicey as ever. question, will russia come to the...
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Mar 20, 2013
03/13
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it also will help grow our economy and create jobs. our plan is a plan to grow the economy. what we are seeing on the other side from the senate by the democrats is a plan that is going to grow one thing, that is the national debt. at a time when many seniors are worried about their benefits and we see many young people that are having trouble finding jobs after they graduate from college, ours is a plan that will give them the certainty, that will help them find those jobs, because it will help grow the economy. what we need from the president, what we need from senate democrats is a plan to join us in this effort to help improve the lives of americans all across this country. inas one of the few cpa's this town, you'll be hard- pressed to find a bigger tax, budget, or economic geek than me. there is nothing i enjoy more than having a discussion about debt to equity ratios and allocations and the difference between getting to primary balance as opposed to actually balancing the budget. i have been told that normal people do not enjoy those discussions. i can tell you one th
it also will help grow our economy and create jobs. our plan is a plan to grow the economy. what we are seeing on the other side from the senate by the democrats is a plan that is going to grow one thing, that is the national debt. at a time when many seniors are worried about their benefits and we see many young people that are having trouble finding jobs after they graduate from college, ours is a plan that will give them the certainty, that will help them find those jobs, because it will...
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Mar 20, 2013
03/13
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CSPAN
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eye 57
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and will soon be one of the world's largest economies. its involvement in asia will be a welcomed addition. the u.s. must work with india to reduce her domestic constraints to growth and inagrees foreign direct investment. reducing red tape, increasing the supply of electricity, improving the tax system, strengthening the ability to enforce contracts will all lift india's ranking and spur business growth in a way that has been missing thus far. since asia's economy is largely based on global supply chains, it is absolutely critical for india to enact reforms and liberalize its economy, to tap into this regional market. this is how india anchors itself in the asia-pacific region and we should do what we can to help leverage those reforms inside india. that is why i believe the administration must redouble its efforts to secure a u.s.-india bilateral investment treaty. current negotiations are proceeding far too slowly. there are important issues to resolve and it's going to take a concerted effort to make progress, but once the b.i.t. is f
and will soon be one of the world's largest economies. its involvement in asia will be a welcomed addition. the u.s. must work with india to reduce her domestic constraints to growth and inagrees foreign direct investment. reducing red tape, increasing the supply of electricity, improving the tax system, strengthening the ability to enforce contracts will all lift india's ranking and spur business growth in a way that has been missing thus far. since asia's economy is largely based on global...
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139
Mar 16, 2013
03/13
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MSNBCW
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workers, when we had this big narrative going on in the campaign about american jobs, and building the economy, and you heard this. >> you know, i realize that, you know, bain was kind of the pioneer of this outsourcing business model, you know. and i realized that, number one, it is wrong on so many different levels. you know, essentially what he is talking about is almost a prison camp in communist china. and you know, and i realize that the complete lack of empathy when he talks about the girls stacked three high and he pays them a pittance, when he comes away with a good feeling about it, i thought, this guy is dangerous. he just wandered through the e horrendous place and thought, this is pretty good. he doesn't care good b those girls. he sure as heck doesn't care about the people in illinois or ohio on manufacturing jobs that all of the can companies that he closed down to ship this place -- ship these jobs to china. he doesn't care about the people that are out of work in the u.s. and i said, man, this seems to be his m.o. this is what he does. a vulture capitalist. doesn't care. just
workers, when we had this big narrative going on in the campaign about american jobs, and building the economy, and you heard this. >> you know, i realize that, you know, bain was kind of the pioneer of this outsourcing business model, you know. and i realized that, number one, it is wrong on so many different levels. you know, essentially what he is talking about is almost a prison camp in communist china. and you know, and i realize that the complete lack of empathy when he talks about...
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Mar 19, 2013
03/13
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CSPAN
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eye 65
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, the global economy hostage. it is a very strange calculation. that's why i would have wished that we would have taken a firmer stance with all these expiring tax provisions to be able to fashion something that would been bolder, that would have solved more problems, and would not have created 3 new fiscal cliff. host: deborah in richmond, virginia, a democrat, our last caller. caller: good morning. one.k your top caller: how come medicare cannot bargain on products and services? guest: i personally think that the largest consumer of pharmaceutical products in the world, medicare, should have been able to obstruct a better deal, like we do for the veterans department, which it was able to save money. we were expanding the universe of people who were taking prescription drugs. they stood to make a lot of money. i'd think there were ways to strike a better deal. i think it was a mistake. host: congressman earl blumenauer, democrat of oregon, thank you for talking to our viewers. guest: thank you. host: next, will t
, the global economy hostage. it is a very strange calculation. that's why i would have wished that we would have taken a firmer stance with all these expiring tax provisions to be able to fashion something that would been bolder, that would have solved more problems, and would not have created 3 new fiscal cliff. host: deborah in richmond, virginia, a democrat, our last caller. caller: good morning. one.k your top caller: how come medicare cannot bargain on products and services? guest: i...
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Mar 17, 2013
03/13
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our economy is recovering. it is resilient. but it not yet where it need to be. we've got millions of people who are still out of work or underemployed. we've still got businesses that could be thriving if we're able to make sure washington doesn't engage in self-induced crises. we'll have a lot of work to do. let's face it, there's still a lot of divisions and arguments here in washington. doing our h we are very west to reach out to the other side, and i think there's a genuine desire on the part of republicans and democrats to try to get something done, i think there is a weariness among membership in the senate and the house about this constant grind, day in and day out of argument and crises instead of productivity and movement forward. the politics of a lot of these issues is tough. and members sometimes are scared about making the right decisions. and they're particularly scared because they're subject to pressure from special interest groups and well financed organizations that may be pushing in a different direction. and so i think the idea here, the con
our economy is recovering. it is resilient. but it not yet where it need to be. we've got millions of people who are still out of work or underemployed. we've still got businesses that could be thriving if we're able to make sure washington doesn't engage in self-induced crises. we'll have a lot of work to do. let's face it, there's still a lot of divisions and arguments here in washington. doing our h we are very west to reach out to the other side, and i think there's a genuine desire on the...
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Mar 18, 2013
03/13
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horsford, want a strong economy -- the american people, mr. horsford, want a strong economy, they want jobs created and they expect us to do it in this house in a bipartisan basis. we've failed to do it and we must do it. thank you. mr. horsford: thank you. over the weekend speaker boehner said, quote, we do not have an immediate debt crisis, we have one looming. it's not an immediate problem. well, what we do have right now is an immediate jobs deficit and we should be focused on getting the american people back to wrork and that's what -- back to work and that's what the congressional black caucus alternative budget does and to talk about the focus on jobs and investing in our future, the woman who fights for the people of florida, the gentlelady from florida, ms. brown. ms. brown: thank you so much and thank you for your leadership. you know, i really do believe when you're born you get a birth certificate and when you die you're going to get a death certificate. and that little dash in between is what you've done to make this a better plac
horsford, want a strong economy -- the american people, mr. horsford, want a strong economy, they want jobs created and they expect us to do it in this house in a bipartisan basis. we've failed to do it and we must do it. thank you. mr. horsford: thank you. over the weekend speaker boehner said, quote, we do not have an immediate debt crisis, we have one looming. it's not an immediate problem. well, what we do have right now is an immediate jobs deficit and we should be focused on getting the...
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Mar 16, 2013
03/13
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that's going to be a problem in ten years and right now need to focus on spending money and keeping the economy moving and worry about the deficit later. >> that's a fair point, isn't it? they're not pretending. i'm outraged because it seems like an offense against math and science even. >> the first camp the krugman folks, the ones that think it's okay to let the debt and deficit go up. okay, then let's try to slow it down a little bit, but it's okay to have some. that would be obama, actually that's what he said this week, president obama did on the george stephanopoulos interview he did this week with abc. the other group like simpson bowls, fix the debt ceo's and house republicans say no, the debt and deficit are a problem for us, and holding back growth where jeff sessions is. is it possible the two camps, three camps can come together and have a grand bargain like the media likes to talk about. i think it's hard to imagine that will be the case. one of the reaps we had tsons w that, the first time in years, the president didn't go first. we don't have it yet and we won't for a couple of w
that's going to be a problem in ten years and right now need to focus on spending money and keeping the economy moving and worry about the deficit later. >> that's a fair point, isn't it? they're not pretending. i'm outraged because it seems like an offense against math and science even. >> the first camp the krugman folks, the ones that think it's okay to let the debt and deficit go up. okay, then let's try to slow it down a little bit, but it's okay to have some. that would be...
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Mar 18, 2013
03/13
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KICU
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so, it seems like there is a wave, but it just is a coincidental problem, because as the economy slows down, as long as the national recession lasts, it makes it harder and harder for municipal governments to balance their budget. > a lot of municipalities count on federal dollars that flow coming, and that is drying up too. so they are under stress. > > right. and that is why washington is important to everyone. it might seem like the sequestration is a problem in washington, but that money does come down to the states either through block grants or for transportation grants, and that money has to get squeezed out at the capital level, and it is going to be harder. the driver will be how long is the recession going to last, and how deep is it going to be? > if these cities you talked about and a couple of counties are basket cases, how are other cities that are having real stress problems dealing with it, because their big-budget item is what? employees. > > employees. right. so municipal government is a service enterprise, and when you have a service enterprise - police, fire, pave t
so, it seems like there is a wave, but it just is a coincidental problem, because as the economy slows down, as long as the national recession lasts, it makes it harder and harder for municipal governments to balance their budget. > a lot of municipalities count on federal dollars that flow coming, and that is drying up too. so they are under stress. > > right. and that is why washington is important to everyone. it might seem like the sequestration is a problem in washington, but that...
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Mar 15, 2013
03/13
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a rising, thriving middle class and an economy built on innovation. in my state of the union address, i said our most important task was to drive that economic growth and i meant it. every day we should be asking ourselves three questions. how do we make america a magnet for good jobs? how do we equip our people with the skills and training to do those jobs? and how do we make sure that hard work leads to a decent living? those of you who have chairs, i was not sure everybody had chairs there. please feel free to sit down there. i'm sorry. everybody was standing. i thought -- one of the effects of the sequester, you had to -- get rid of chairs. that's good. i'm glad we got some chairs. so i chose argonne national lab because right now, few areas hole more promise for creating good jobs and growing our economy than how we use american energy. after years of talking about it, we're finally poised to take control of our energy future. we produce more oil than we have in 15 years. we import less oil than we have in 20 years. we've doubled the amount of re
a rising, thriving middle class and an economy built on innovation. in my state of the union address, i said our most important task was to drive that economic growth and i meant it. every day we should be asking ourselves three questions. how do we make america a magnet for good jobs? how do we equip our people with the skills and training to do those jobs? and how do we make sure that hard work leads to a decent living? those of you who have chairs, i was not sure everybody had chairs there....
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Mar 21, 2013
03/13
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we are a public economy. medicare and the military has gobbled up what everyone feels is real economic activity. it is really being paid by the taxpayers. host: let's get a response. guest: you're absolutely right. it ultimately comes down to the taxpayers. the federal government cannot spend a dime that it does not take her borrow from somebody else. when it borrows, there is an interest rate on it. and it has to take money to pay off that debt. i agree with you, we should make certain that we have priorities in washington and we are not spending more than we take in. we need to leave more in your pocket so we can get the economy rolling. in terms of medicare, i would report that the medicare trustees, not republicans, not democrats, but the medicare trustees report, the folks and go charge of making certain medicare is solvent. they are telling us there is a predictable time into the next 10 years at which point medicare cannot provide the medical services for seniors from a financial standpoint. it is incu
we are a public economy. medicare and the military has gobbled up what everyone feels is real economic activity. it is really being paid by the taxpayers. host: let's get a response. guest: you're absolutely right. it ultimately comes down to the taxpayers. the federal government cannot spend a dime that it does not take her borrow from somebody else. when it borrows, there is an interest rate on it. and it has to take money to pay off that debt. i agree with you, we should make certain that we...
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Mar 19, 2013
03/13
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CSPAN2
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i didn't run a campaign on jobs and the economy, jobbing and the economy, jobs and the economy and beat that drum until i beat people into sleep. that's part of it, all right, but all of the rest of this has to be added together, or we can never reconstruct this country. we will not get the pillars of american exceptionalism back together. [applause] unless we have the full spectrum. if we can restore our families and strengthen our faith and protect innocent, unborn human life instead of assaulting it with a half a billion dollars appropriated to planned parenthood in a single year. that's gotta go. obamacare has got to go. [cheers and applause] we can't let up on obamacare and believe that somehow we're going to capitulate to that side because the roads are vitality, and it is an unconstitutional taking of god-given american liberty, and it's got to go. [cheers and applause] ronald reagan omelet me down a couple -- only let me down a couple of times in eight years. one of those was 1986, and i still had the dent after i heard on the news he had signed the amnesty act of 1986. but it w
i didn't run a campaign on jobs and the economy, jobbing and the economy, jobs and the economy and beat that drum until i beat people into sleep. that's part of it, all right, but all of the rest of this has to be added together, or we can never reconstruct this country. we will not get the pillars of american exceptionalism back together. [applause] unless we have the full spectrum. if we can restore our families and strengthen our faith and protect innocent, unborn human life instead of...
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Mar 19, 2013
03/13
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if consumer demand increases, the economy will grow, and if the economy grows, the deficit will decline and so too will our debt as a percentage of g.d.p. this is decision time in america, and clearly the best decision that we can make is a balanced approach to dealing with our economic problems today. the speaker pro tempore: pursuant to clause 12-a of rule 1, the chair declares the house in recess until noon today. >> we began providing televised access to the every day workings of congress and the tell -- and the federal government. c-span, created by table companies -- cable companies. >> on c-span we will take you live to capitol hill where the senate armed services committee is holding a hearing with the top military officials. in a are looking into budget requests from the military command. last week chuck hagel announced they will spend $1 billion in addition to add 14 interceptors on the west coast to the u.s. defense system. >> what more can and should the united states do in your command and others? >> if you are speaking about drugs, more assets. locating, weood at understan
if consumer demand increases, the economy will grow, and if the economy grows, the deficit will decline and so too will our debt as a percentage of g.d.p. this is decision time in america, and clearly the best decision that we can make is a balanced approach to dealing with our economic problems today. the speaker pro tempore: pursuant to clause 12-a of rule 1, the chair declares the house in recess until noon today. >> we began providing televised access to the every day workings of...
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Mar 20, 2013
03/13
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MSNBCW
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that has an inflationary effect on the economy. so you may be talking away the money you just gave that employee through the increase. raise prices throughout the economy. >> i have to say, you've now switched your argument from what it was going to do to your business to what it's going to do to the economy. >> very sharp, senator warren. whether a minimum wage increase and why. we've heard all this madness on the other side, especially small business people. we won't be able to pay insurance and the like. is that a real reasonable and persuasive argument? >> no and in fact, we have a real world experiment that tells us about this. in new jersey a few years ago, they raised the minimum wage. they did it in pennsylvania. there was an examination of fast food and it turned out that in new jersey, hiring went up and in pennsylvania, hiring went down. but let me turn this upside down. why aren't we talking about the fact that the total stock market is worth less today than in 2000 and yet, the ceos are getting more and more money. if
that has an inflationary effect on the economy. so you may be talking away the money you just gave that employee through the increase. raise prices throughout the economy. >> i have to say, you've now switched your argument from what it was going to do to your business to what it's going to do to the economy. >> very sharp, senator warren. whether a minimum wage increase and why. we've heard all this madness on the other side, especially small business people. we won't be able to...
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Mar 20, 2013
03/13
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let's grow the economy. let's reform the tax system, let's stop picking winners and losers through loopholes, lower tax rates for everybody, families and businesses to create jobs and commig growth. let's open up the resources we have in this country, oil, coal, gas so we can bring down gas prices. increase paychecks, create jobs, help manufacturing. we have a safety net that isn't working. we have the highest poverty rates in a generation. 46 million people in poverty. we need to fix this safety net so so that it works to get people back on their feet again. we need to save medicare so that it's not bankrupt because it is on a path to bankruptcy. so that the current seniors can rest in comfort knowing that it's not going to be taken away from them, so that the obamacare rationing board won't take it from them and so that those of white house are younger can plan for it -- of us who are younger can plan for it. we need to balance the budget. balancing the budget is necessary for a healthy economy. for creati
let's grow the economy. let's reform the tax system, let's stop picking winners and losers through loopholes, lower tax rates for everybody, families and businesses to create jobs and commig growth. let's open up the resources we have in this country, oil, coal, gas so we can bring down gas prices. increase paychecks, create jobs, help manufacturing. we have a safety net that isn't working. we have the highest poverty rates in a generation. 46 million people in poverty. we need to fix this...
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Mar 20, 2013
03/13
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economy. thank you, mr. speaker. and with that i yield back the balance of my time. the speaker pro tempore: the gentleman yields back. pursuant to clause 12-a of rule 1, the chair declares the house today.ss until noon a number of questions regarding the scope of the fourth amendment, injuries prudence. jurisprudence. which can they obtain a search warrant and how long should the data be kept? although no drones operating in the u.s. are yet weaponized, i'm advised, should law enforcement be permitted to equip unmanned aircraft with nonlethal tools such as tear gas, pepper spray? and my concerns about the domestic use of drones extends beyond government and law enforcement. before we allow widespread of drones in domestic airspace, we have to carefully consider the impact on the privacy rights of americans. just last week we are reminded how one company's push to gather data on americans led to vast overcollection and potential privacy violations. similarly, a simple scan of amateur videos on
economy. thank you, mr. speaker. and with that i yield back the balance of my time. the speaker pro tempore: the gentleman yields back. pursuant to clause 12-a of rule 1, the chair declares the house today.ss until noon a number of questions regarding the scope of the fourth amendment, injuries prudence. jurisprudence. which can they obtain a search warrant and how long should the data be kept? although no drones operating in the u.s. are yet weaponized, i'm advised, should law enforcement be...
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Mar 18, 2013
03/13
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FBC
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they have an economy geared to selling things to us. we do not have a economy geared to them. adam: let me pick up on that point. put this in the context of what do i do with my money? i know to stay out of equities in china. that is russian roulette. you don't even want to go there. how do i either make money in regards to china or avoid china order to make money? >> well, you know you can make money in the chinese stock markets if you know what the chinese government is going to do with regard to stimulus. because that market moves on government policy. the thing about china right now is that the markets are not giving investors a sufficient premium for the risk. there is lot of risk there because the economic recovery which is now in its second quarter is pretty fragile. adam: are you paying attention to the constant discussion in the united states about the pressure to get the chinese to allow their currency to rise in value? >> yeah. we've been talking about that for more than a half decade now. the chinese have been intransigent. the chinese remini -- renminbi is underva
they have an economy geared to selling things to us. we do not have a economy geared to them. adam: let me pick up on that point. put this in the context of what do i do with my money? i know to stay out of equities in china. that is russian roulette. you don't even want to go there. how do i either make money in regards to china or avoid china order to make money? >> well, you know you can make money in the chinese stock markets if you know what the chinese government is going to do with...
SFGTV: San Francisco Government Television
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Mar 19, 2013
03/13
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we have the most important economies in the world. this building, this facility and this team and this team are a regional asset to the economy. to bring the super bowl here would be a regional effort with regional benefits. we are excited about it and happy to participate and looking forward to our hotels, restaurants, facilities for people who are visiting san francisco and santa clara and other cities around the area. super bowl 50, i don't care, we'll take either one. we have a great team put together to make that happen. it will take a lot of collaboration and we in san jose as well as san francisco and santa clara are committed to making it happen. [ applause ] so i'm daniel to committee chair, thank you mayor lee, he approached me and said we have to shine a light on san francisco and the entire bay area. the next call were to mayor matthews, mayor read, we also have officials from oakland. this is going to take a unified approach. we are up against a very tough competitors and south florida. miami has hosted. they know how to
we have the most important economies in the world. this building, this facility and this team and this team are a regional asset to the economy. to bring the super bowl here would be a regional effort with regional benefits. we are excited about it and happy to participate and looking forward to our hotels, restaurants, facilities for people who are visiting san francisco and santa clara and other cities around the area. super bowl 50, i don't care, we'll take either one. we have a great team...
SFGTV2: San Francisco Government Television
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Mar 19, 2013
03/13
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SFGTV2
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as many framers roofers and home inspector and is then that has a booying fantastic on the overall economy having said that i'm not living with my head in the sand here i recognize that a lot of markets are still suffering a little bit and this graph show you's you the change of value in home price from their local market peak to where they are at present the case sowler composite and san francisco is halfway through the pack there down to about 33% and so whole values are still off from where they were before but if you look at where we are from the low point until where we are today, san francisco is looking a little bit better and oakland is not a member city and they randomly take 20 cities that are plead broadly representative of the housing market and san francisco is the second line on here and posted as one of the naysest paces of recovery and so we get some help from residential construction and we also get help from securelier spending this is what i'm showing here and this is the debt service ratio and it's an interesting concept if says if you add up my mortgage payment and car
as many framers roofers and home inspector and is then that has a booying fantastic on the overall economy having said that i'm not living with my head in the sand here i recognize that a lot of markets are still suffering a little bit and this graph show you's you the change of value in home price from their local market peak to where they are at present the case sowler composite and san francisco is halfway through the pack there down to about 33% and so whole values are still off from where...
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Mar 15, 2013
03/13
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threatening the full faith and credit of the united states of america and putting the stability of our economy on the line. we should not be having a debate. it should be no doubt that the full faith and credit of the united states will be honored, and that is what our constitution says. too often house republicans have refused to acknowledge the negative impact of their action, choosing to return to the same tired failed strategy, one that only serves to, again, weaken our economy and undermine our middle class. that track record must end. >> nobody believes that. full faith and credit? >> sean: let's 0 go to paul ryan. he got high marks for personalizing the debts. >> we know with certainty a debt crisis is coming to america. this is not a question of if. it's a question of when. what is a debt crisis? it means we can't keep living beyond our means. it means we can't keep borrowing from our children's future. this -- our generation of americans, we're being selfish, we're taking from the next generation their future. we have a moral obligation to fix that. and if we have a debt crisis, those
threatening the full faith and credit of the united states of america and putting the stability of our economy on the line. we should not be having a debate. it should be no doubt that the full faith and credit of the united states will be honored, and that is what our constitution says. too often house republicans have refused to acknowledge the negative impact of their action, choosing to return to the same tired failed strategy, one that only serves to, again, weaken our economy and...
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Mar 13, 2013
03/13
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, on the economy altogether. obamacare includes more than 20 tax increases. the joint committee on taxation estimates that over the next ten years obamacare will raise $1 trillion in taxes. that's $1 trillion from the private sector that's not going to be available to use -- be used to hire new workers. job losses, just in the medical device industry, as a result of the medical device excise tax could total as much as $47,100 or 10% of the medical device industry employment. those job losses are not needed -- those job losses are not driven by market conditions. those job losses are driven by one thing, which is the policy decisions of the federal government to implement obamacare. on march 5, 2013, russell george the inspector general for the i.r.s., testified to the house committee a eption pros. "it is unprecedenced in recent history the amount of responsibility the i.r.s. is being given in an area that most people don't think of as an i.r.s. function." he went on, "this is going to lead to problems." the cong
, on the economy altogether. obamacare includes more than 20 tax increases. the joint committee on taxation estimates that over the next ten years obamacare will raise $1 trillion in taxes. that's $1 trillion from the private sector that's not going to be available to use -- be used to hire new workers. job losses, just in the medical device industry, as a result of the medical device excise tax could total as much as $47,100 or 10% of the medical device industry employment. those job losses...
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Mar 20, 2013
03/13
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and grow our economy by strengthening the footprint of washington. i believe that's what brings us together. , moms and dads look at their kids and they want the best for them. we are at.t's where there are differences. at the same time, when we come together, we can look forward and realize that, at the end of the day, we are looking forward to this country doing what it is called to do. host: on twitter, "as a service member, how do you feel about men and women in the military?" -- how do you feel about women in the military?" how about in combat? guest: sometimes, this administration comes out with things that are more popular driven than they are policy driven. many of our women serve in combat, and they do a very good job. they are in convoys in iraq. they have been doing flying missions for a long time. when you bring up these issues, you score points. we should have looked at this further on how they are wanting to implement it. we have two women in congress who are just outstanding, good friends who i've gotten to know very well. elsie gabbar
and grow our economy by strengthening the footprint of washington. i believe that's what brings us together. , moms and dads look at their kids and they want the best for them. we are at.t's where there are differences. at the same time, when we come together, we can look forward and realize that, at the end of the day, we are looking forward to this country doing what it is called to do. host: on twitter, "as a service member, how do you feel about men and women in the military?" --...
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Mar 17, 2013
03/13
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CSPAN2
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we need to focus on the green economy and building up the green economy. in the short-term it creates a lot of jobs and the long-term it addresses the climate crisis. so let me talk a little bit more about that. in terms of the short-term policy, i will mention one other short-term issue which is the federal reserve, that controls the short-term interest rates have have been running what they call a zero interest rate policy now for four years. that is the interest rate at which banks borrow is zero. they get free money and they get as much as they want for free. on top of that actually if they take the money and all they do is bank it at the fed, they get one quarter of 1%. it's not a lot. it's one quarter of 1% but if you could borrow a lot you know and getting back for doing absolutely nothing, that is what they are doing. right now also something that is frustrating to me that is not an talked about enough, commercial banks in the country are sitting on $1.5 trillion in cash, 1.5 trillion to give you some sense of that. the total u.s. gdp is $15 trilli
we need to focus on the green economy and building up the green economy. in the short-term it creates a lot of jobs and the long-term it addresses the climate crisis. so let me talk a little bit more about that. in terms of the short-term policy, i will mention one other short-term issue which is the federal reserve, that controls the short-term interest rates have have been running what they call a zero interest rate policy now for four years. that is the interest rate at which banks borrow is...